One of the greatest writers of Russia, Anton Chekhov's famous short story 'The Bet' is filmed by Kiran Raveendran with the title 'Panthayam'. Kiran Raveendran is a documentary director and a media person as well.

Nedumudi Venu is roped in to do the lead role in this movie. Ravi Vallathol also does an important role in the movie 'Panthayam'.

Playack sinder Arundhati's son Charu Hariharan is the background music director. Kiran Raveendran and Saju Aroor jointly handle the camera for the film.